002013 dividend:What is the dividend history and current dividend yield of stock 002013 (AVIC Jonhon Optronic)?

Q: What is the dividend history and current dividend yield of stock 002013 (AVIC Jonhon Optronic)?

A: Stock 002013, which corresponds to AVIC Jonhon Optronic Co., Ltd. listed on the Shenzhen Stock Exchange, has maintained a consistent dividend policy in recent years. As of the most recent fiscal year, the company has paid annual cash dividends, with the exact amount depending on annual profits and board proposals. For example, in recent years, the dividend per share has ranged between approximately 0.10 and 0.30 RMB, though this can fluctuate. The dividend yield, calculated as annual dividend per share divided by the stock price, typically falls between 1% and 2%, varying with market price movements. Investors should check the latest annual report or official announcements for the most current figures. It's important to note that dividend payments are not guaranteed and depend on the company's financial performance and strategic decisions. To get the precise current yield and historical dividend records, consult financial data platforms like East Money, Sina Finance, or the company's investor relations page. Always consider your investment horizon and risk tolerance before making decisions based on dividend information.

Q: How does 002013 decide its dividend payout and what factors influence changes?

A: The dividend policy of 002013 (AVIC Jonhon Optronic) is determined by its board of directors and approved by shareholders, based on the company's profitability, cash flow, future investment needs, and industry benchmarks. Key factors include net profit, retained earnings, capital expenditure plans, and debt levels. The company aims to balance returning value to shareholders with funding growth initiatives. Changes in dividend payout can occur due to fluctuations in annual earnings, significant acquisitions, or shifts in strategic priorities. For instance, if the company invests heavily in R&D or expansion, it might reduce dividends to preserve cash. Conversely, strong profit growth could lead to higher payouts. Investors should monitor quarterly and annual reports for updates on dividend declarations. Additionally, regulatory requirements and market conditions in China's A-share market can influence dividend policies. As with any stock, past dividends are not a guarantee of future payments. For the most accurate and timely information, refer to official filings on the Shenzhen Stock Exchange website or the company's investor relations announcements.

Q: Where can I find reliable and up-to-date dividend information for 002013?

A: To access reliable and up-to-date dividend information for 002013 (AVIC Jonhon Optronic), you can use several official and financial sources. First, the Shenzhen Stock Exchange (SZSE) website provides official announcements, including annual reports and dividend distribution notices. Second, the company's investor relations section on its official website often lists dividend history and policies. Third, reputable financial data platforms such as East Money (东方财富), Sina Finance (新浪财经), and Tonghuashun (同花顺) offer detailed dividend records, yields, and ex-dividend dates. These platforms are widely used by Chinese investors and provide real-time or historical data. Additionally, brokerage apps and websites like Xueqiu (雪球) and Futu Niuniu can be useful. When using third-party sources, always cross-check with official filings to ensure accuracy. Keep in mind that dividend information is typically updated after the company's annual general meeting and the ex-dividend date. For the most current data, set up alerts or regularly check these platforms. Always consult multiple sources and consider professional advice before making investment decisions based on dividend information.

Dialogue about

Common scenarios of "002013 dividend"

【Investor】 Hi, I'm looking into 002013, which is AVIC Jonhon Optronic. Can you tell me about its dividend history?

【Analyst】 Sure. 002013 has a consistent dividend policy. For the fiscal year 2022, they paid a cash dividend of 0.35 yuan per share. That was announced in April 2023.

【Investor】 That sounds decent. What about the payout ratio?

【Analyst】 The payout ratio for 2022 was around 30%, based on earnings per share of about 1.17 yuan. They tend to keep it between 20% and 40%.

【Investor】 How does that compare to previous years?

【Analyst】 In 2021, they paid 0.30 yuan per share, and in 2020, it was 0.25 yuan. So there's a gradual increase, reflecting stable profit growth.

【Investor】 Is the dividend paid annually or semi-annually?

【Analyst】 Annually. They usually announce in April and pay in June or July. No interim dividends in recent years.

【Investor】 What about special dividends?

【Analyst】 No special dividends recently. They focus on regular cash dividends. Sometimes they also do share buybacks, but that's separate.

【Investor】 How has the stock price reacted to dividend announcements?

【Analyst】 Generally muted. The market prices in the dividend ahead of time. On ex-dividend date, the stock adjusts by the dividend amount, but long-term holders care more about total return.

【Investor】 What's the current dividend yield?

【Analyst】 Based on the current share price of around 40 yuan, the yield is about 0.875%. That's relatively low compared to some high-yield stocks, but AVIC Jonhon is a growth-oriented company.

【Investor】 Why is the yield low?

【Analyst】 Because the stock has appreciated a lot. The company reinvests most of its earnings into R&D and expansion, so dividend yield isn't the main attraction.

【Investor】 Do they have a stable dividend policy?

【Analyst】 Yes, they've stated a commitment to returning about 30% of net profit as dividends. This has been consistent for the past five years.

【Investor】 Any tax implications for dividends?

【Analyst】 For individual investors in China, dividend income from listed companies is tax-exempt if held for more than one year. If held for less than a month, it's taxed at 20%; between one month and one year, 10%.

【Investor】 So long-term holding is better for tax?

【Analyst】 Exactly. That encourages long-term investment. For institutional investors, it depends on their tax status.

【Investor】 What about the dividend growth rate?

【Analyst】 Over the past five years, the dividend per share has grown at a compound annual rate of about 8-10%, roughly in line with earnings growth.

【Investor】 Is there any risk of a dividend cut?

【Analyst】 Unlikely given their strong balance sheet and consistent cash flow. But if earnings drop significantly, they might adjust. However, their business in defense and high-speed connectors is fairly stable.

【Investor】 Thanks, that's very helpful. I'll consider it for my income portfolio.

【Analyst】 You're welcome. Just remember, dividend investing should be part of a diversified strategy. Good luck!